You are here

Billions are sinking into a Balkan black hole

"Agrokor has transformed itself from the biggest private company into one of the biggest systemic risks to the Croatian economy," Morgan Stanley's economist Georgi Deyanov wrote.

PHOTO: AFP

London

FIGHTS don't come more lopsided than this: global giants Fidelity International and Axa Investment Managers facing off against the likes of a chocolate and biscuit maker to get paid following the stunning collapse of Agrokor dd, the biggest company in the former Yugoslavia.